NOT LISTED FOR SALE

4602 Springfield Ave Philadelphia, PA 19143

Cedar Park Neighborhood

Estimated Value: $709,000 - $948,841

-- Bed
2 Baths
2,575 Sq Ft
$325/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $660,000 $256 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,963/month

9 Days on Market

Highlights

  • Curved or Spiral Staircase
  • 2-minute walk to Baltimore Avenue And 45Th Street
  • Main Floor Bedroom
  • Penn Alexander School Rated A-
  • Wood Flooring
  • 5-minute walk to Clark Park

About This Home

As of December 2019

Quirky in all of the most beloved West Philly ways, this two-unit Victorian twin could be an investment property, but its smartest use is for owner-occupants to live in the bilevel 3 BR, 2 bath apartment (approximately 1735 sf) while collecting $1200/month rent from the separate 1st floor unit to help pay their mortgage. This Cedar Park, University City, location is within the catchment area for the high-ranked Penn Alexander public K-8 grade school*, and just a block in either direction from trolley lines that will whisk a rider to center city in 15 minutes, stopping at the campuses of UPenn & Drexel along the way. Topping the first floor newel post, a graceful Art Nouveau statue has welcomed residents since this block of Springfield Ave. was built c.1892, and the 2nd/3rd floor owners' unit still features its unpainted, original Queen Anne woodwork and refinished red pine floors. The "great room" style kitchen includes a sitting area by the fireplace, a breakfast area in the rear bay, a teeny balcony with space for a bistro table overlooking back yards, and a classic kitchen with a signature red sink and updated appliances. The open dining /living room is sunny and bright, and there's also a period bath on this level. Upstairs, 3 bedrooms and an updated bath with a stacked washer & dryer complete the unit. There's also direct access, via back stairs, down to the bricked back yard, shared with the tenants and surrounded by trees. The first floor 1 BR apartment, approximately 700 s.f., has separate heat, a/c, hot water, gas & electric, with a lease continuing until June 30, 2020. The HVAC systems for each unit are recent and efficient, and considerable additional attention has been put into the upkeep and mechanicals of the house in recent years. The location, just 2 blocks from Clark Park and one block from the restaurants and shops on Baltimore Ave., couldn't be better. (*catchment area location does not guarantee admission.)

Last Agent to Sell the Property

Jeff Block

Compass RE License #AB065556 Listed on: 10/17/2019

Compass RE

Co-Listed By

Melani Lamond

Compass RE License #AB048377L

Last Buyer's Agent

Andrew Gismondi

Keller Williams Main Line License #RM424423

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,670

Year Built

  • Built in 1892

Lot Details

  • 1,885 Sq Ft Lot
  • Lot Dimensions are 32.50 x 58.00
  • Infill Lot

Home Design

  • Duplex
  • Victorian Architecture
  • Bi-Level Home
  • Brick Exterior Construction
  • Shingle Roof
  • Masonry

Interior Spaces

  • Main Floor Bedroom
  • 2,575 Sq Ft Home
  • Curved or Spiral Staircase
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Bay Window
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Public Parking
  • On-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Balcony
  • Patio

Schools

  • Penn Alexander Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Cedar Park Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 60
  • Assessor Parcel Number 461115600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,670

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Bi-Level, Victorian
  • Ownership: Fee Simple
  • Exclusions: None noted.
  • Inclusions: 2 refrigerators, 2 ranges, 2 dishwashers, 2 washers, 2 dryers.
  • New Construction: No
  • Year Built: 1892
  • Remarks Public: Quirky in all of the most beloved West Philly ways, this two-unit Victorian twin could be an investment property, but its smartest use is for owner-occupants to live in the bilevel 3 BR, 2 bath apartment (approximately 1735 sf) while collecting $1200/month rent from the separate 1st floor unit to help pay their mortgage. This Cedar Park, University City, location is within the catchment area for the high-ranked Penn Alexander public K-8 grade school*, and just a block in either direction from trolley lines that will whisk a rider to center city in 15 minutes, stopping at the campuses of UPenn & Drexel along the way. Topping the first floor newel post, a graceful Art Nouveau statue has welcomed residents since this block of Springfield Ave. was built c.1892, and the 2nd/3rd floor owners' unit still features its unpainted, original Queen Anne woodwork and refinished red pine floors. The "great room" style kitchen includes a sitting area by the fireplace, a breakfast area in the rear bay, a teeny balcony with space for a bistro table overlooking back yards, and a classic kitchen with a signature red sink and updated appliances. The open dining /living room is sunny and bright, and there's also a period bath on this level. Upstairs, 3 bedrooms and an updated bath with a stacked washer & dryer complete the unit. There's also direct access, via back stairs, down to the bricked back yard, shared with the tenants and surrounded by trees. The first floor 1 BR apartment, approximately 700 s.f., has separate heat, a/c, hot water, gas & electric, with a lease continuing until June 30, 2020. The HVAC systems for each unit are recent and efficient, and considerable additional attention has been put into the upkeep and mechanicals of the house in recent years. The location, just 2 blocks from Clark Park and one block from the restaurants and shops on Baltimore Ave., couldn't be better. (*catchment area location does not guarantee admission.)
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic/House Fan, Breakfast Area, Butlers Pantry, Ceiling Fan(s), Combination Kitchen/Dining, Curved Staircase, Entry Level Bedroom, Kitchen - Island, Skylight(s)
  • Window Features: Bay/Bow
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2575
  • Living Area Sq Ft: 2575
  • Price Per Sq Ft: 252.04
  • Above Grade Finished Sq Ft: 2575
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4602

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Attic Fan, Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: PENN ALEXANDER
  • Elementary School Source: Listing Agent
  • School District Key: 300200397108
  • School District Source: Listing Agent
  • Elementary School: PENN ALEXANDER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 283560.00
  • Land Assessed Value: 50040.00
  • Land Use Code: N50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 32.50 x 58.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1885.00
  • Outdoor Living Structures: Balcony, Patio(s)
  • Year Assessed: 2020
  • Zoning: RSA3

Rental Info

  • Existing Lease Type: Owner Occupied, Yearly
  • Owner Pays: Trash Collection, Water
  • Rent Control: No
  • Total Actual Rent: 44400.00
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1215240
  • School Tax: 2562.00
  • Tax Annual Amount: 4670.00
  • Assessor Parcel Number: 461115600
  • Tax Lot: 60
  • Tax Total Finished Sq Ft: 2310
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 12/09/2019

Multi Family

  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Dec 2, 2019
Sold by
Ptasnik Ryan A and Roberson Samantha Rise
Bought by
Capaldi Livia and Gallo Hannah
Seller's Agent
Jeff Block
Compass RE
Buyer's Agent
Andrew Gismondi
Keller Williams Main Line
List Price
$649,000
Sold Price
$660,000
Premium/Discount to List
$11,000
1.69%
Current Estimated Value
$837,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,614
Avg. Annual Appreciation
4.14%
Original Mortgage
$561,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2017
Closed on
Jun 9, 2017
Sold by
Bennicelli Jeanette
Bought by
Ptasnik Ryan A and Roberson Samantha Rise
Seller's Agent
Eric Cui
EXP Realty, LLC
Buyer's Agent
Arlene Viray Cui
Compass RE
List Price
$474,900
Sold Price
$450,000
Premium/Discount to List
-$24,900
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%
Original Mortgage
$275,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 1998
Sold by
Grady Patricia H and Murphy Patrick
Bought by
Bennicelli Jeannette
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Capaldi Livia $660,000 City Abstract Llc
Ptasnik Ryan A $450,000 Title Services
Bennicelli Jeannette $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallo Hannah $560,000
Closed Capaldi Livia $561,000
Previous Owner Ptasnik Ryan A $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $660,000 +1.7% $256 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $649,000 +44.2% $252 / Sq Ft
06/09/2017 06/09/17 Sold $450,000 -5.2% $173 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $474,900 -- $183 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,890 $605,300 $121,060 $484,240
2024 $4,890 $605,300 $121,060 $484,240
2023 $4,890 $349,300 $69,860 $279,440
2022 $4,670 $349,300 $69,860 $279,440
2021 $4,670 $0 $0 $0
2020 $4,670 $0 $0 $0
2019 $4,495 $0 $0 $0
2018 $4,069 $0 $0 $0
2017 $4,069 $0 $0 $0
2016 $4,069 $0 $0 $0
2015 $3,757 $0 $0 $0
2014 -- $321,100 $48,926 $272,174
2012 -- $31,008 $6,202 $24,806
Source: Public Records

Agents Affiliated with this Home

  • Jeff Block

    Seller's Agent in 2019

    Jeff Block

    Compass RE

    (215) 833-7088

    28 in this area

    467 Total Sales

    Jeff Block
    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Melani Lamond

    Compass RE

    15 in this area

    60 Total Sales

    Melani Lamond
    Section Image
  • Andrew Gismondi

    Buyer's Agent in 2019

    Andrew Gismondi

    Keller Williams Main Line

    (215) 808-4197

    1 in this area

    41 Total Sales

    Andrew Gismondi
    Section Image
  • Eric Cui

    Seller's Agent in 2017

    Eric Cui

    EXP Realty, LLC

    (484) 240-9804

    71 Total Sales

    Eric Cui
    Section Image

  • A

    Buyer's Agent in 2017

    Arlene Viray Cui

    Compass RE

See All Agents

Map

Source: Bright MLS

MLS Number: PAPH843068

Bright MLS

APN: 461115600

Pennsylvania Philadelphia County Philadelphia 19143 Cedar Park

4602 Springfield Ave, Philadelphia, PA

This home is located at 4602 Springfield Ave, Philadelphia, PA 19143 since 17 October 2019 and is currently estimated at $837,614, approximately $325 per square foot. This property was built in 1892. 4602 Springfield Ave is a home located in Philadelphia County with nearby schools including Penn Alexander School, West Philadelphia High School, and Saint Francis de Sales School.

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